1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
saveliy_v [14]
3 years ago
9

Panda Cafe earned net income of $ 69 comma 000 after deducting depreciation of $ 3 comma 000 and all other expenses. Current ass

ets decreased by $ 2 comma 000​, and current liabilities increased by $ 8 comma 000. How much was Panda Cafe's cash provided by operating activities​ (indirect method)?
Business
1 answer:
kompoz [17]3 years ago
4 0

Answer:

Panda Cafe's cash provided by operating activities​ is 82.000

Explanation:

The indirect method involves the adjustment of net income with changes in balance sheet accounts to arrive at the amount of cash generated by operating activities.

It depends on the account if it is added or subtracted to net income. In this case ,  all of them are added to the net income.

Net income 69.000

Adjustment to reconcile the net income to cash  

+ Depreciation expense 3.000

+ Increase in current liabilities  8.000

+ Current assets decreased 2.000

 

Net cash 82.000

You might be interested in
In the model of mass-mediated communication, the: Select one: producers of the message control the reception of the content prod
taurus [48]
<h3 />

How information is conveyed is important,  mass-mediated communication allows information to reach a wide range of people.

<h3>What mass-mediated communication?</h3>

It is a communication method that involves sending messages through a medium either internet or television to a receiver (audience)  to produce some effect.

The communicator of the message controls the interpretation of the content to the receiver.

Therefore, in mass-mediated communication content producers of the message control the interpretation of the content

Learn more on mass communication here,

brainly.com/question/18363250

4 0
1 year ago
If vince charged $200 on his credit card with 18% apr and he paid his balance in full within the grace period, how much is the f
Luda [366]
0%, no loss or gain.
7 0
3 years ago
Hugo Inc., a calendar year taxpayer, sold two operating assets this year. The first sale generated a $38,700 Section 1231 gain,
Alex17521 [72]

Answer:

$20,700 ordinary loss

Explanation:

Based on the information given if the first Operating assets generated a gain of the amount of $38,700 while the second assets generated a loss of the amount of $59,400 after been sold out which indicate or means that Hugo should recognize the amount of $20,700 ORDINARY LOSS which is calculated as :

Ordinary loss =-$59,400+$38,700

Ordinary loss =-$20,700

Therefore As a result of these sales, Hugo should recognize:$20,700 ORDINARY LOSS

6 0
2 years ago
In terms of commonly traded organizational currencies, sharing tasks that increase someone's skills and abilities and letting ot
saveliy_v [14]

Answer:

Personal

Explanation:

Personal related currencies refers to the currencies that deals with the insipitration and the morality, vision, strength. It basically shows the needs of the person nd the value that actually what person could do

Since in the question it is mentioned that the if the tasks are shared that rise the skills and ablities of the person than this would represent the personal related currencies and hence the same is to be considered

3 0
3 years ago
In which situation would a certificate of deposit (CD) be the best banking choice
anzhelika [568]

A certificate of deposit (CD) would be the best banking choice when the interest rate is determined ahead of time and there is an assurance to get back what you put in plus interest once the CD matures.  If you leave the money alone during the investment period then the bank will pay you an interest rate slightly higher than what you would have earned in a money market or checking account. Thus, all gains from certificate of deposits are taxable as income unless they are in a tax-deferred (IRA) r tax-free (Roth IRA) account. 

3 0
2 years ago
Read 2 more answers
Other questions:
  • The above plot shows three fits to data a student collected in a load deflection test: linear, power function, and log-linear. t
    15·1 answer
  • A homesteaded property is located in Pensacola, Florida, in Escambia County. The city tax rate is 8.8 mills, the county tax rate
    13·1 answer
  • The manager of East India Ice Cream Shop keeps track of the number of customers served at different periods of the day in an att
    13·1 answer
  • A father wants to save for his eight?year?old son�s college expenses. The son will enter college 10 years from now. An annual am
    11·1 answer
  • Suppose the tax rate on the first​ $10,000 income is 0​ percent; 10 percent on the next​ $20,000; 20 percent on the next​ $20,00
    8·1 answer
  • Dew Drop In, Inc. announces is quarterly dividend will increase from $3.80 to $4.00. After the announcement, the price of Dew Dr
    10·1 answer
  • Mini-CaseSparky Weyer, president and CEO of Minimotors, Inc., a growing manufacturer of small (some of them downright tiny) elec
    10·1 answer
  • You inherit $10,000 with the stipulation that for the first year the money must be invested in two stocks paying 6% and 11% annu
    15·1 answer
  • Since the mid-20th century, globalization has resulted in:
    9·2 answers
  • State 3 typical land uses in rural-urban fringe​
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!